Compliance Advisory - Universities Superannuation Scheme Limited

When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you'll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts.

As Compliance Advisory, you will make a meaningful and valued contribution from the outset. This position offers an excellent opportunity to work as part of the Compliance Team in a second-line function, assisting with a range of compliance matters, including managing compliance systems and providing advisory support across both Public Markets and Private Markets.

In addition, you will administer Compliance-owned policies and procedures to ensure adherence to regulatory requirements, as well as monitor and report on developments across the FCA regulatory horizon that are relevant to the business of USSIM.

Key Responsibilities:

• Build a close working relationship with each of the USSIM business units to support Compliance matters as required.
• Work principally with the Head of USSIM Public Markets Compliance Advisory, and Head of Private Markets Compliance Advisory, and other members of the Compliance Team to support the provision of Compliance support to USSIM Public and Private Markets Groups.
• Support ongoing surveillance of the activities of the Public Markets Group in relation to key regulatory processes, including: MAR surveillance, sanctions lists, shareholding disclosures and filings, position limits, exceptions reporting, and maintenance of IT systems to manage these.
• Support the management of engagement with USS’s approved expert networks.
• Assist with the management of incoming market soundings.
• Assist with the management of the restricted list, and management of insider lists.
• Support with regulatory filings to the FCA and the SEC.
• Aid with the management of Compliance workflows and the integration of a new reg tech system.
• Assist with the management of reverse KYC requests.
• Aid with updating and drafting policies, procedures and the USSIM Compliance Manual.
• Support with the maintenance of records relating to the Senior Management and Certification Regime.
• Assist with the delivery of new joiner Compliance training.

About You:

To be successful in the role you will have:

• Thorough knowledge of the UK regulatory framework.
• Willingness to develop relationships at all levels in delivering pragmatic and proportionate compliance support, monitoring and training solutions within USSIM’s Public and Private Markets Groups.
• A good understanding of public market asset classes; including equity, credit, fixed income, derivatives and alternative investments.
• Demonstrable experience of Public Markets Compliance.
• Demonstrable experience of dealing with the regulatory change agenda, and in particular impact of Public Markets.
• Working knowledge of Bloomberg and FundApps or other equivalent systems for monitoring Public Markets compliance.
• Familiarity with Private Markets Compliance.
• A Bachelor’s degree or equivalent; or industry qualification (such as CISI).
• Excellent working knowledge of FCA rules and industry best practice relating to: FCA Conduct of Business rules, including best execution, MiFID II rules, Guideline and limit monitoring, Market Abuse surveillance, including insider dealing and market soundings, Shareholder disclosures and position limits, Conflicts of Interest, including research arrangements.
• Some knowledge of other relevant regulatory frameworks, including in Europe and the U.S.

Why join us?

At USS, every individual contributes to building a secure financial future for our members and their families. We strive to create a work environment where everyone can thrive professionally while making a meaningful impact on the lives of others. We’re also committed to helping you build your career by providing opportunities for development.

How We Will Reward You:

• Great starting salary
• Generous annual leave package
• Access to a high quality pension scheme provided through Universities Superannuation Scheme
• Supportive people policies (including enhanced occupational sickness pay and family friendly pay)
• Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
• Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership
• Learning and development opportunities to develop your skills, knowledge and talent
• Employee Volunteer Day’s to support the communities where you work and live
• Cycle to Work Scheme

Our culture and values:

Our people are what makes us different. We work together to create a diverse and inclusive culture that embraces individuality, where people are welcomed and feel comfortable in the knowledge that they can be themselves. Our purpose firmly states the importance of members, putting them ‘front and centre’ of what we do. This is embedded through our values: Integrity, Collaboration, Excellence.

About Us:

Universities Superannuation Scheme (USS) was established in 1974 as the principal pension scheme for universities and other higher education institutions in the UK. We work with around 330 employers to help build a secure financial future for almost 577,000 members and their families. We are one of the largest private defined benefit pension schemes in the UK, with total assets of around £76.8bn (at 31 March 2025).

USSIM is proud to be an equal opportunity employer. We strive to ensure our recruitment process is as flexible and inclusive as possible so we can attract diverse candidates and recruit the best talent. We want all candidates to perform at their best during the recruitment process, so if you need any reasonable adjustments or if there is anything we can do to help support you through your recruitment journey please let us know by contacting resourcing@uss.co.uk.